Re: Is opening a Chase Checking account really a way to get your foot in the door?
04-20-2013 08:26 AM
I think what enharu is saying is that they're looking for an actual relationship. Putting any amount of money into the account and then immediately expecting it to help with a credit card application is unreasonable. If you were to show Chase that they were your primary bank - payroll direct deposit, billpay, etc - for a period of time, they may factor it in. I banked with Chase for almost ten years before applying for a card with them and demonstrated a gradual increase in income. That makes them more comfortable. The simple act of opening an account with them does nothing.
Think of it like any other relationship; if you demonstrate commitment, you build trust.